Economic Decision Making Using Cost Data A Guide for Managers |
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Author:
| Marburger, Daniel R. Peterson, Ryan |
ISBN: | 978-1-60649-512-4 |
Publication Date: | Aug 2013 |
Publisher: | Business Expert Press
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Book Format: | Paperback |
List Price: | USD $59.95USD $14.99 |
Book Description:
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A firm maximizes profits if each decision adds more to the firm's revenue than to its costs. Although the concept sounds simple, it is difficult to do in practice. To ease this difficulty, this presents the inside knowledge to 'economic theory'.
A firm maximizes profits if each decision adds more to the firm's revenue than to its costs. Although the concept sounds simple, it is difficult to do in practice. To ease this difficulty, this presents the inside knowledge to 'economic theory'.